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FlipRadar Research Library

House Flipping & Off-Market Deal Underwriting Guides

Practical, no-fluff underwriting manuals covering ARV comps, rehab estimating, financing structures, holding costs, and off-market acquisition strategies.

Underwriting Guide

How to estimate ARV without an agent

Estimating After Repair Value (ARV) is one of the first steps in any fix-and-flip or rental analysis. Without a listing agent to provide a number, you must rely on your own research and…

1,353 words · Worked Example + FAQRead guide →
Underwriting Guide

The 70% rule: when it works and when it breaks

House flipping relies on quick math to separate promising deals from money pits. One of the most common shortcuts is the 70% rule. It helps investors estimate a maximum offer price with…

1,388 words · Worked Example + FAQRead guide →
Underwriting Guide

Hard money vs private money for a first flip

Flipping a house for the first time can feel like learning a new language. Two terms you will hear early on are "hard money" and "private money." They both provide fast capital outside…

1,318 words · Worked Example + FAQRead guide →
Underwriting Guide

Rehab budget line items most flippers forget

When you buy a house to flip, the purchase price is only the beginning. Most new investors create a rehab budget based on what they can see—new paint, updated flooring, a modern kitchen…

1,365 words · Worked Example + FAQRead guide →
Underwriting Guide

Holding costs on a 6-month flip

Flipping a house involves more than finding a discount and selling at a higher price. Between acquisition and sale, every day the property sits on your books costs money. These are hold…

1,384 words · Worked Example + FAQRead guide →
Underwriting Guide

How to find off-market houses to flip

Off-market houses are properties for sale but not listed on the MLS. Investors pursue them because they often carry less competition, motivated sellers, and room to negotiate price. Thi…

1,375 words · Worked Example + FAQRead guide →
Underwriting Guide

BRRRR vs flip: which fits your capital

You are here: /guides/brrrr-vs-flip-which-fits-your-capital Both BRRRR and fix-and-flip are popular ways to build real estate wealth, but they work very differently. One is designed to…

1,348 words · Worked Example + FAQRead guide →
Underwriting Guide

Flip taxes: short-term gains basics (not tax advice)

Short-term gains apply when you sell a flipped property you owned for one year or less. This guide explains how those gains are taxed, what costs can offset the profit, and common pitfa…

1,217 words · Worked Example + FAQRead guide →

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